Latest Stock Market News

The Dow Jones Industrial Average fell 122.46 points, or 0.36%, at the open to 34,029.55.

>> For more such web stories click on the ET icon below

“Jhunjhunwala showed that you can make money in the market with integrity, you do not have to do any manipulation, you do not have to do anything. The third thing he has shown was that the more you share, the more you prosper. Fourth, he said that relationships you make are very important.”

“I believe that at 18,000 level, we might pause a bit because 18,000 is a psychological level and we have seen a non-stop rally from 15,300. So I think, there would be a breather, there could be some profit taking and within that pullback, which could be about 200-300 Nifty points one can start entering the market, though the midcap and the smallcap space will continue to rally going ahead.”

Dogecoin is technologically becoming competitive with Ethereum due to the launch of Dogechain, said Sathvik Vishwanath, Co-Founder and CEO, Unocoin.The blockchain use cases such as DeFi (decentralised finance) and NFTs (non-fungible tokens) can be built on this.

"Intraday weakness can be seen below 17,833 with initial targets placed in the zone of 17,764 and 17,724 levels. However, traders are advised to remain cautious about creating fresh long positions as some momentum oscillators on daily as well as weekly charts are in overbought zones," Mohammad said.

As many as 6 merchant bankers had made a presentation before the government officials on August 12. The official told PTI that the five bankers selected are ICICI Securities, Axis Capital, Citigroup Global Markets, HDFC Bank and IIFL Securities.

“In Q1, it looks like there is a dip by about 2% in market share, but if you compare it with the March 2022 figures and the June figures, it is up by 2.1%. The IRDA figures are already out and in July, we gained about 3% of the market share. This market share gain has come on the back of very strong performance in the P&GS business.”

The 30-share pack settled 417.92 points higher at 60,260.13. Its broader peer, Nifty50, advanced 119 points and managed to top the 17,900 mark. This was the seventh consecutive day of gains for the index.

Despite a muted Q1 performance from the hospital chain, analysts see an up to 45 per cent upside potential in the counter as they are expecting the second quarter to be better than the first one.They also believe that occupancy will increase in the September quarter and the acquisition of Sunshine will support its bottomline.